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LAW (125 Cards)

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Excelsior Bowling Company (EBC) grants a franchise to Flo to operate an Excelsior Bowling Center. EBC may require Flo to pay it a percentage of her

a. annual sales only.
b. annual volume of business only.
c. annual sales or annual volume of business.
d. none of the above.

c. annual sales or annual volume of business.

Begründung:
In most situations, the franchisor will receive a stated percentage of the annual sales or annual volume of business done by the franchisee.

Tags: Payment for the franchise
Source: p. 57

Pete’s Pizza, Inc., grants a franchise to Randy to operate a Pete’s Pizza restaurant. Pete’s Pizza may charge Randy

a. a license fee only.
b. a price for supplies only.
c. a license fee and a price for supplies.
d. none of the above.

c. a license fee and a price for supplies.

Begründung:
The franchisee ordinarily pays an initial fee or lump-sum price for the franchise license (the privilege of being granted a franchise).
This fee is separate from the various products that the franchisee purchases from or through the franchisor.

Tags: Payment for the franchise
Source: p. 57

Flashcard set info:

Author: Elisa

Main topic: Law

Topic: International Law

School / Univ.: Hanze Hogeschool

City: Groningen

Published: 14.02.2010

Tags: Exam Year 1

Card tags:

All cards (125)

? (1)

also see partnership by estopel (1)

Assault and Battery (2)

Business Organization (1)

Business Trust (2)

Chain-Style business operation (2)

Conversion - letzter Absatz (1)

Coporate Financing (1)

Coporate Personnel (1)

Disadvantages ot the sole proprietorship (1)

Dissolution LP (1)

Dissolution of LP (1)

Distributorship (2)

Fact versus Opinion (1)

False imprisonment (1)

Family Limited Liability Partnerships (FLLP) (1)

First Orginazational Meeting (1)

First sentence (2)

Foreign and Alien Coporation (1)

Formation of a Limited Partnership (1)

Formation of a LP (1)

Incorporation procedure (1)

INncorporation Precedure (1)

Joint stock company (2)

Joint venture (2)

last sentence (1)

Liabilities of limited partners (1)

Limited Liability Partnership (LLC) Liability (1)

Limited partners and Managment (1)

LLC (1)

Location Chartering (1)

Partnerships (1)

Payment for the franchise (2)

Payment of the franchise (1)

Preferred Stock (1)

Preferred stocks (1)

Pricing agreement (1)

Processing-Plant arrangement (2)

Profesional Corporation (P.C) (1)

Professional Corporation (1)

Professional Corporation (P.C) (1)

Promoter Liability (Promoter Activities) (1)

Restriction in the Articles of Incorpration (1)

Right of limited partners (1)

Self-defense (1)

Slander of Quality (1)

Slander of Title (1)

Termination of the franchise (2)

The publication requirement (1)

The scope of implied powers (1)

Trespass to Land (1)

Trespass to personal property (2)

Wrongful interfence with a contractual relationship (1)

Wrongful interference with a business relationship (2)

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